CONVERSION OF ACCOUNT: RESIDENTIAL INDIVIDUAL (RI) TO NRI OR NRI TO RI

PRE-CHECK
Following pre-check to be done before sending the requests for change in Residential & Account Status in [Trading & DP accounts (CDSL/
NSDL)] to enable us to process the requests expeditiously and to avoid possible rejections.
1. Form is applicable for existing customers who wish to change the account status from “Residential Individual (RI)” to “NRO” or vice
versa, as per the existing holding pattern.
2. Ensure to submit duly filledmodi ficationrequestform,signedbyallholders
3. Signatures of all the holders should match with SSL records
4. All supporting documents (viz Proof of Address, Proof of Identity, etc) to be submitted, as required to comply with the KRA.
5. All supporting documents should be self attested and verifiedwiththeoriginalatSSLBranch.
6. Proof of “Permanent/Foreign Address” mandatory for conversion of account from RI to NRO
7. Bank Account Details:
a. “NRO” Bank accounts details mandatory in case of conversion of account from RI to NRO along with the latest Bank Account
statement with NRI status (Bank statement should not be more than 3 months old).
b. “Saving” Bank accounts details mandatory in case of conversion of account from NRE / NRO to RI. Personalised cancelled cheque
leaf to be provided as supporting document.

POINTS TO BE NOTED:
1. NRI - Repatriable converted into RI (Individual) and NRO - Non Repatriable
2. The existing account details that is Demat account number will continue to remain the same only the account category will be changed
(Category RI to Non - Repatriable (NRO) and Non - Repatriable to RI) and open new trading with fresh application (For RI - Individual
Trading application and NRI - NRI fresh trading application with all supporting documents.
3. This form is not applicable - in case you wish to change the “Holding Pattern” of the account (i.e change in sequence of account holders/
Addition or Deletion of account holders). In such case, you will have to open a new account in desired name/holding pattern by following
“Account Opening” procedure.

2024-25_KYCNRICONV_V2.0
 INSTRUCTIONS / CHECK LIST FOR FILLING KYC FORM
A. IMPORTANT POINTS: Residence/Driving License/Flat Maintenance bill/Insurance Copy.
1. Self attested copy of PAN card is mandatory for all clients. 2. Utility bills like Telephone Bill (only land line), Electricity bill or Gas bill - Not more than
2. Copies of all the documents submitted by the applicant should be self-attested and 2 months old.
accompanied by originals for verification. In case the original of any document is not 3. Bank Account Statement/Passbook - Not more than 3 months old.
produced for verification, then the copies should be properly attested by entities 4. Self-declaration by High Court and Supreme Court judges, giving the new address in
authorized for attesting the documents, as per the below mentioned list. respect of their own accounts.
3. If any proof of identity or address is in a foreign language, then translation into English 5. Proof of address issued by any of the following: Bank Managers of Scheduled
is required. Commercial Banks/Scheduled Co-Operative Bank/Multinational Foreign
4. Name & address of the applicant mentioned on the KYC form, should match with the Banks/Gazetted Officer/Notary publidElected representatives to the Legislative
documentary proof submitted. Assembly/Parliament/Documents issued by any Govt. or Statutory Authority.
5. If correspondence & permanent address are different, then proofs for both have to be 6. Identity card/document with address, issued by any of the following: Central/State
submitted. Government and its Departments, Statutory/Regulatory Authorities, Public Sector
6. Sole proprietor must make the application in his individual name & capacity. Undertakings, Scheduled Commercial Banks, Public Financial lnstitutions,Colleges
7. For non-residents and foreign nationals,(allowed to trade subject to RBI and FEMA affiliated to Universities and Professional Bodies such as ICAI, ICWAI, ICSI, Bar Council
guidelines), copy of passport/PIOCard/OCICard and overseas address proof is etc.,to their Members.
mandatory. 7. For FIi/sub account, Power of Attorney given by FIi/sub-account to the Custodians
8. For foreign entities, CIN is optional; and in the absence of DIN no. for the directors, (which are duly notarized and/or apostiled or consularised) that gives the registered
their passport copy should be given. address should be taken.
9. In case of Merchant Navy NRl's, Mariner's declaration or certified copy of CDC 8. The proofof address in the name of the spouse may be accepted.
(Continuous Discharge Certificate) is to be submitted. D. Exemptions/clarifications to PAN
10. For opening an account with Depository participant or Mutual Fund, for amin or, (*Sufficient documentary evidence in support of such claims to be collected.)
photocopy of the School Leaving Certificate/Mark sheet issued by Higher Secondary 1. In case of transactions undertaken on behalf of Central Government and/or State
Board/Passport of Minor/Birth Certificate must be provided. Governmentand by officials appointed by Courts e.g. Official liquidator, Court receiver etc.
11. Politically Exposed Persons (PEP) are defined as individuals who are or have been 2. Investors residing in the state of Sikkim.
entrusted with prominent public functions in a foreign country, e.g., Heads of
3. UN entities/multilateral agencies exempt from paying taxes/filing tax returns in India.
States or of Governments, senior politicians, senior Government/judicial/military officers,
4. SIP of Mutual Funds upto Rs 50,000/- p.a.
senior executives of state owned corporations, important political party
officials, etc. 5. In case of institutional clients, namely, Flis, Mfs, VCFs, FVCls, Scheduled Commercial
Banks, Multilateral and Bilateral Development Financial Institutions, State Industrial
B. Proof of Identity( POI): List of documents admissible as Proof of Identity: Development Corporations, Insurance Companies registered with IRDA and Public
1. PAN card with photograph. This is a mandatory requirement for all Financial Institution as defined under section 4A of the Companies Act, 1956,
applicants except those who are specifically exempt from obtaining PAN (listed in Section D). Custodians shall verify the PAN card details with the original PAN card and provide
2. Unique Identification Number(UID) (Aadhaar)/PassportNoter ID card/Driving license. duly certified copies of such verified PAN details to the intermediary.
3. Identity card/ document with applicant's Photo, issued by any of the following: E. List of people authorized to attest the documents:
Central/State Government and its Departments, Statutory/Regulatory Authorities,
1. Notary Public, Gazetted Officer, Manager of a Scheduled Commercial/Co-operative
Public Sector Undertakings, Scheduled Commercial Banks, Public Financial
Bank or Multinational Foreign Banks (Name, Designation & Seal should be affixed on
Institutions, Colleges affiliated to Universities, Professional Bodies such as ICAI,
the copy).
ICWAI, ICSI, Bar Council etc., to their Members; and Credit cards/Debit cards issued by
2. In case of NRls, authorized officials of overseas branches of Scheduled Commercial
Banks.
Banks registered in India, Notary Public, Court Magistrate, Judge, Indian
C. Proof of Address (POA): List of documents admissible as Proof of Address: Embassy/Consulate General in the country where the client resides are permitted to
(*Documents having an expiry date should be valid on the date of submission.) attest the documents.
1. PassportNoters Identity Card/Ration Card/Registered Lease or Sale Agreement of
Application No.: AA
Know Your Client (KYC) Changes in Residential Status
Application Form (For Individuals Only)
.

Application Type Normal Small Application Type New Update

KYC Number (Mandatory for KYC update request)

*1. PERSONAL DETAILS

First Name Middle Name Last Name
Name: (Same as ID proof): Name As Per PAN

Father /Mother/ Spouse Name:

DOB: D D - M M - Y Y Y Y DOB Document Submitted #/
Place of Birth ____________________________________ Country of Birth ________________________________
Gender: M - Male F - Female T - Transgender Marital Status: Married Unmarried Others PHOTOGRAPH

Nationality: IN - Indian Others Tax Residency: Only India India & Other Country* Any Other Country*
PAN: Foreign TIN: ___________________ Issuing Country __________________
the recent passport
Residential Status: Resident Individual Non Resident Indian Foreign National Person of Indian Origin
size photograph and
Occupation Type: S-Service ( Private Sector Public Sector Government Sector) sign across it

O-Others ( Professional Self Employed Retired Housewife Student)

B-Business X-Not Categorised
Please tick, if applicable: Politically Exposed Person Related to a Politically Exposed Person

Financial Status (Income Range per Annum): Up to Rs.1 Lac Rs.1 Lac to Rs.5 Lac Rs.5 Lac to Rs.10 Lac 
[Signature / Thumb Impression]

Rs.10 Lac to Rs.25 Lac Rs.25 Lac to Above (Specify) ______________________________________________ FH02

*2. PROOF OF ADDRESS (PoA)

*2.1 CORRESPONDENCE / LOCAL ADDRESS DETAILS Correspondence Residence
Proof of Address: Passport Driving License Utility Bill* Others* _________________________________________
Address:
Line 1:
Line 2:
City / Town / Village: District:
State: Pin / Post Code:
*2.2 CURRENT / PERMANENT / OVERSEASE ADDRESS DETAILS (Mandatory) Same as Correspondence / Local Address Details
Proof of Address: Passport Driving License Utility Bill* Others* _________________________________________
Address:
Line 1:
Line 2:
City / Town / Village: District:
State: Pin / Post Code:
*Utility bills: Tel. / Electricity / Gas bill. Not more than 2 months old. Validity / Expiry date of proof of address submitted D D - M M - Y Y Y Y

*Other Details: UID(Aadhar), Voter ID Card, NREGA Job Card, Aollotment Letter.

*3. CONTACT DETAILS

Tel. (Off): - Tel. (Res): - Mobile: _________________________________________
FAX: - Email ID:

4. RESIDNETIAL STATUS
4.1 RESIDENTIAL STATUS
Resident Individual (RI) to Non Resident Indian (NRI) Non Resident Indian (NRI) to Resident Individual (RI)
4.2 ACCOUNT SUB CATEGORY
Resident Individual (RI) to NRO (Non Repatriable) NRO (Non Repatriable) to Resident Individual (RI)

*5. APPLICANT DECLARATION

* I hereby declare that the details furnished above are true and correct to the best of my knowledge and belief and I undertake to inform you of any changes
therein, immediately. In case any of the above information is found to be false or untrue or misleading or misrepresenting, I am aware that I may be held liable for it.
* I hereby consent to receiving information from Central KYC Registry through SMS/Email on the above registered number/email address and to download my
[Signature / Thumb Impression] 
records from CKYCR. “
Signature / Thumb Impression of Applicant
Date: D D - M M - Y Y Y Y Place :
*
provided on Page no 4/6).

FOR OFFICE USE ONLY

DOCUMENT VERIFIED WITH ORIGINALS AND IN-PERSON VERIFICATION DONE BY
Name of the Employee: For SBICAP Securities Ltd.
Designation:

IPV Done on Date: D D - M M - Y Y Y Y

 BANK AND OTHER DETAILS (FOR TRADING & DEPOSITORY)
DESIGNATED BANK ACCOUNT DETAILS
Account Type PIS NRE account NON PIS NRE (Saving account) NRO (Saving account)
BANK Name /Branch Code
Branch Name
Branch Address
Account No.
MICR Code
IFSC Code

Please fill multiple bank accounts registration form for additional bank accounts.

INCOME DETAILS
Networth as on (date): D D - M M - Y Y Y Y Rs. _________________________________________________ (Networth should not be older than 1 year)

DECLARATION AND UNDERTAKING (FATCA / FEMA)

For the purposes of taxation, I am a resident in the following countries and my Tax Identification Number (TIN)/functional equivalent in each country is set out below
or I have indicated that a TIN/functional equivalent is unavailable (kindly fill details of all countries of tax residence if more than one):
Holders:
Country/countries of Tax Identification TIN Issuing Country Documents provided
tax residency Number (TIN) (copy of certificate of residence or copy of TIN)

Documents Required: Kindly provide the documentary evidence of residence or TIN for all the countries listed in the above table.
I/We certify that:
a) The information provided in the Form is in accordance with section 285BA of the Income Tax Act, 1961 read with Rules 114F to 114H of the Income tax Rules, 1962.
b) The information provided by me/us in the Form, its supporting Annexures as well as in the documentary evidence provided by me/us are, to the best of our knowledge and belief,
true, correct and complete and that I/we have not withheld any material information that may affect the assessment/categorization of the account as a Reportable account or
otherwise.
c) 
I/We permit/authorise SBICAP Securities Limited (‘the Company’) to collect, store, communicate and process information relating to the Account and all transactions therein, by
the Company and any of its affiliates wherever situated including sharing, transfer and disclosure between them and to the authorities in and/or outside India of any confidential
information for compliance with any law or regulation whether domestic or foreign.
d) I  / We undertake the responsibility to declare and disclose within 30 days from the date of change, any changes that may take place in the information provided in the Form, its
supporting Annexures as well as in the documentary evidence provided by us or if any certification becomes incorrect and to provide fresh self certification alongwith documentary
evidence.
e) I  / We also agree that our failure to disclose any material fact known to us, now or in future, may invalidate our application and the Company would be within its right to put
restrictions in the operations of my/our account or close it or report to any regulator and/or any authority designated by the Government of India (GOI) /RBI for the purpose or take
any other action as may be deemed appropriate by the Company if the deficiency is not remedied by us within the stipulated period.
f) I  / We hereby accept and acknowledge that the Company shall have the right and authority to carry out investigations from the information available in public domain for confirming
the information provided by me / us to the Company.
g) It shall be my / our responsibilities to educate myself / ourself and to comply at all times with all relevant laws relating to reporting under section 285BA of the Act read with the
Rules thereunder.
h) I/We also agree to furnish such information and/or documents as the Company may require from time to time on account of any change in law either in India or abroad in the subject
matter herein.
i) I/We shall indemnify the Company for any loss that may arise to the Bank on account of providing incorrect or incomplete information.
I hereby declare that all securities related transactions carried out by me through SSL, from time to time shall be in compliance with the provisions of Foreign Exchange Management Act,
1999 or any rules, regulations, notifications, directions, orders made there under or any other applicable law for the time being in force and will not involve and will not be designed for the
purpose of any contravention or evasion of the provisions thereof.
I also hereby agree and undertake to give such information/documents as will reasonably satisfy you about the transaction in terms of the above declaration.
I also understand that if I fail / refused to comply with such requirements or do not comply with it the satisfaction of SSL, then SSL shall have the right to refuse to undertake such
transaction and shall, if it has reason to believe that any contravention/evasion is contemplated by me/us report the matter to Reserve Bank of India, Stock Exchanges and/or any other
statutory/regulatory authorities.
I/We am/are aware and conversant about the governing laws/ rules/ regulations/ guidelines/ provisions of FEMA, RBI and other statutory/ regulatory bodies, pertaining to opening,
maintaining and operating a demat account in India; and shall abide by all the applicable laws and regulations at all times.

@ @ @
Name:_________________________ Name:_________________________ Name:_________________________
Date:__________________________ Date:__________________________ Date:__________________________
 DEPOSITORY SERVICE CHARGES
HEAD CHARGES
Account Maintenance Charge NRI ` 600/- + GST* from 2nd year onwards
Closure of Account Nil
For each debit transaction - On-Market (Sell Market) OR off Market instruction (% of value for per ISIN)
with POA/DDPI (applicable for On Market Instructions only) 0.01% (Min. ` 21/- Max. ` 300/- )
For instruction submitted through internet 0.01% (Min. ` 21/- Max. ` 300/- )
For instruction submitted through Branches 0.04% (Min. ` 30/- Max. ` 50,000/-) Extra Charges ` 10/- per ISIN for Late submission
Buy- market and off-market Nil
Rejection / Failed instruction ` 10/- per failed instruction
Dematerialisation / Rematerialisation
For each request form - Dematerialisation ` 35/-
Extra for each certificate - Dematerialisation ` 5/-
Rematerialisation (For each request form) ` 35/- plus ` 10/- for every hundred securities or part thereof,
or a flat fee of ` 10/-per certificate whichever is higher
Pledge Creation/Closure/Confirmation/Invocation (% of value for each ISIN in each request)
For each ISIN Request 0.02% of Value or Min ` 25/- whichever is higher (Plus CDSL/NSDL Charges)
Margin / MTF Pledge for creation Flat Rate ` 15/- per ISIN per transaction
Margin / MTF Pledge for closure Flat Rate ` 15/- per ISIN per transaction
Non Disposal Undertaking (NDU) 0.02% of Value or Min ` 50/- whichever is higher
Additional Accounts Statements
By Courier ` 30/-
By Email Nil

Note: (1) The above mentioned charges are exclusive of applicable statutory levies/ taxes including Service Tax. (2) Beneficial Owner (BO) of the Demat Account
will be charged applicable statutory levies / taxes including Service Tax, other taxes as they exist from time to time. (3) Mailing and courier charge for handling
share in connection with Dematerialisation/Rematerialisation and for mailing physical statements will be recovered in actual basis. (4) The value of shares and
charges is calculated as per CDSL / NSDLm formula and rates. (5) There will be a charge of Rs. 100/- for dishonour of any cheque or unsuccessful attempt to
recover payment through direct debit or ECS. (6) The depository services are liable to discontinuation if SSL is unable to recover charge from the customer for
any reason whatsoever. In such cases there will be a charge Rs. 250/- for resumption of services and the services will be resumed after a minimum of three
working days from the date of receipt of request at Centralised Processing Cell of SSL at Mumbai. (7) Any service that is not indicated above will be charged
separately as per the rates applicable from time to time.
SSL reserves the right to revise the tariff structure from time to time, any change in tariff will be communicated to the BO with 30 days prior notice by email/
ordinary post/ courier. The said revised tariff will also be displayed on SSL website www.sbismart.com for BO’s information/communication. BO is requested to
take note of applicable tariff displayed on the SSL’s website from time to time.

@ @ @
Name:_________________________ Name:_________________________ Name:_________________________
Date:__________________________ Date:__________________________ Date:__________________________

* The above charges are exclusive of applicable GST and other taxes / statutory charges levied by Government bodies / statutory authorities from time to time,
which will be charged as applicable. • Any concession in card rates is subject to approval from the competent authority.
 ACCOUNT OPENING CHARGES

Scheme Name Tenure Scheme Charges Benefit & DP AMC

Account Opening charges DP AMC for 1st year is free

NRI1 Lifetime
` 1000 + GST and from 2nd year onwards customer ` 600 +GST

SCHEDULE OF BROKERAGE / CHARGES AND TAXES

Intra-Day
Segment Delivery Minimum
First leg / Lot Second Leg / Lot
Cash Market 0.60% 0.06% 0.06% ` 0.05
Future 0.05% 0.03% 0.03% ` 0.01
Derivatives
Option* ` 50/- ` 50/- ` 50/-
Future 0.03% 0.015% 0.015%
Currency Derivatives
Option* ` 30/- ` 20/- ` 20/-
0.60% + GST
Transaction brokerage (SSL + SBI) (0.50% + 0%)
* Per Lot

Scheme Name Tenure Scheme Charges Benefit & DP AMC

DP AMC for 1st year is free

NRI (Wealth) Lifetime ` 500 + GST
and from 2nd year onwards customer ` 300 +GST

SCHEDULE OF BROKERAGE / CHARGES AND TAXES

Intra-Day
Segment Delivery Minimum
First leg / Lot Second Leg / Lot
Cash Market 0.50% 0.05% 0.05% ` 0.05
Future 0.05% 0.03% 0.03% ` 0.01
Derivatives
Option* ` 50/- ` 50/- ` 50/-
Future 0.03% 0.02% 0.02%
Currency Derivatives
Option* ` 30/- ` 20/- ` 20/-
0.50% + GST
Transaction brokerage (SSL + SBI) (0.50% + 0%)
* Per Lot

TERMS AND CONDITIONS

(a) T
 he client will be charged brokerage, commission, fees, depository charges, charges for short messaging alerts and applicable statutory levies/taxes
including service tax, securities transaction tax, other taxes, and transaction expenses as they exist from time to time.
(b) SBICAP securities Ltd. (SSL) shall from time to time subject to Exchange/Depository provisions and restrictions imposed in this behalf by SEBI, determine
and modify the amount of brokerage, charges, commission, fees, and other charges plus applicable taxes payable per transaction by the client. Such
changes will be intimated to the Client by ordinary post and published on the SSL website in writting and as mutual agreed upon.
The client shall abide by the above terms and conditions and pay applicable
charges as levied by SSL to subscribe for any product/scheme(s). @


       

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